Dividend Declaration: Jamaica Public Service Company Limited (JPS)

March 31, 2022

Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors considered and approved the declaration of dividends for JPS Preference Shares B, C, D and E. The dividends will be payable on April 1, 2022 to shareholders on record at the close of business on March 15, 2022. The ex-dividend date is March 14, 2022.

The dividend payments will be as follows:

7% Cumulative Preference Shares “B” – $0.035 per share
5% Cumulative Preference Shares “C” – $0.025 per share
5% Cumulative Preference Shares “D” – $0.025 per share
6% Cumulative Preference Shares  “E” – $0.03  per  share

JPS has also declared a dividend of US$0.23684931507 per share on its Class F Preference Shares payable on March 30, 2022 to shareholders on record as at March 10, 2022.  The ex-dividend date is March 9, 2022

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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